Crypto exchange MEXC has rolled out a $100 million user protection fund aimed at shielding its users from major platform breaches, technical failures or other serious security threats. The fund is structured to compensate users in the event of major security incidents, including breaches of the platform’s infrastructure, critical system vulnerabilities or large-scale targeted hacks, … Read more
According to Bernstein analysts, predicting that Bitcoin could reach $200,000 in 2025 is setting a limit to the heights Bitcoin could reach. At the close of May, BTC achieved its all-time high of $111,000, and it’s currently trading at $109,600 after a marginal increase in the past day. Bitcoin (BTC) is what we call the … Read more
Grauber Contesoto, also known as the ‘Doge Coin Millionaire‘, announced last week that he is now a PEPE millionaire with his holdings exceeding $1.11 million. Contesoto made his name in the 2021 bull market after his DOGE investment hit 7-figures; however, the memecoin trader did not take profits, meaning his millionaire status washed away during … Read more
In the month of March, the value of air cargo imports exceeded that of ocean cargo for the first … More time ever, based on a review of 22 years of monthly U.S. Census Bureau data. ustradenumbers.com Air cargo this year is accounting for the largest percentage of U.S. imports it ever has, fueled by … Read more
Virtuals Protocol lets users create autonomous AI agents that operate directly on Ethereum without coding. The platform allows community-owned AI agents like pop stars or game characters to run independently. The long-awaited move has finally happened: Virtuals Protocol is now officially live on the Ethereum mainnet. After previously establishing a foothold on the Layer 2 … Read more
GameStop saw its stock drop over 3.5% after-hours on Tuesday, after reporting a steep 17% decline in first-quarter revenue, landing at $732.4 million, down from $881.8 million a year earlier. This comes as the company pushes deeper into crypto while its core retail business keeps shrinking. Analysts had expected stronger performance at $754.2 million, but … Read more
Are you invested in Ethereum’s future? If so, understanding the Ethereum Security Challenges the network faces is absolutely critical. As Ethereum continues to grow and aims to secure trillions of dollars in value, its resilience against threats becomes paramount. The good news? The Ethereum Foundation is actively working on this, recently publishing a significant report … Read more
Republican Representative William Timmons has formally requested the SEC to disclose documents detailing its historical stance on Ether (ETH), spotlighting regulatory ambiguity under past leadership. The request underscores ongoing concerns about inconsistent regulatory approaches to digital assets, particularly Ether, which has significant implications for market participants and legislative clarity. According to Timmons, the SEC’s fluctuating … Read more
The UK Financial Conduct Authority (FCA) has appointed Sarah Pritchard as its new Deputy Chief Executive, a role created to reflect the organization’s expanding responsibilities, including the integration of the Payment Systems Regulator and the regulation of stablecoin and crypto firms. Since joining the FCA in June 2021, Pritchard has led the supervision, policy, and … Read more
The US state of Connecticut has officially passed Bill HB7082, marking a significant turning point as it completely bans state investment in Bitcoin and other cryptocurrencies. This decision goes against the broader trend seen in several other US states, where Bitcoin and digital assets are being embraced or integrated into financial policies. Connecticut Bans State … Read more